Jai (BOM:512237) Inventory Turnover : 0.45 (As of Dec. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Jai Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Jai's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹879 Mil. Jai's Average Total Inventories for the quarter that ended in Dec. 2024 was ₹1,974 Mil. Jai's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jai's Days Inventory for the three months ended in Dec. 2024 was 204.87.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Jai's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.57.

Jai Inventory Turnover Historical Data

The historical data trend for Jai's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jai Inventory Turnover Chart

Jai Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

1.88

1.55

2.42

2.13

1.67

Jai Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.36	0.53	0.40	0.49	0.45

Jai Inventory Turnover Calculation

Jai's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	3556.556	/ (	(2109.909	+	2146.414)	/	2 )
=	3556.556	/	2128.1615
=	1.67

Jai's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	879	/ (	(1973.5	+	0)	/	1 )
=	879	/	1973.5
=	0.45

Jai (BOM:512237) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Jai's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	1973.5	/	879	*	365 / 4
	=	204.87

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Jai's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	1973.5	/	1260.4
	=	1.57

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Jai Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Jai's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Jai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jai Corp Ltd (BOM:512237) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

JAICORPLTD:India

Address

Plot No. 207, Block III, No. 603, Embassy Centre, 6th Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021

Website

http://www.jaicorpindia.com

Jai Corp Ltd is a manufacturing company engaged in businesses like polypropylene and polyethylene, woven products, steel, plastic processing, and spinning yarn. It has five segments. The Steel segment comprises the production, and trading of CR sheets, GP coils, and HR plates and tubes. Production of woven fabric, jumbo bags, masterbatch, staple fibers, geotextiles, and others is done in the Plastic Processing segment. The Spinning segment includes the production of spun yarn. The Asset management activity segment consists of investment advisory services. Development of land and buildings is done in the Real Estate segment of the company. The majority of its revenue is generated from the Plastic processing segment. Geographically, it derives key revenue from India.

Jai Headlines

No Headlines